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    jeanagustin Posts: 2, Reputation: 1
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    Feb 27, 2011, 04:58 AM
    Cost of production report using fifo
    Units in BI. Fabricating (100%materials, 40%labor , and 80%overhead... 400
    Units started in process... 1200
    Units transferred from fabricating to finishing... 1100
    Ending inventory... fabricating 100% materials, 80% labor, 90%overhead)... 500

    Cost in BI:

    Materials... 29280
    Labor... 1900
    OH... 11800

    Cost added
    Materials... 90000
    Labor... 16080
    OH... 46740

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